Duties Regarding Collateral. The Secured Party shall have no duty as to the collection or protection of the Collateral or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Collateral actually in the Secured Party’s possession.
Appears in 29 contracts
Samples: Security Agreement (Kona Gold Beverage, Inc.), Security Agreement (Kraig Biocraft Laboratories, Inc), Global Security Agreement (CoroWare, Inc,)
Duties Regarding Collateral. The Beyond the safe custody thereof, the Secured Party shall not have no any duty as to the collection any Collateral in its possession or protection of the Collateral or any income thereon control, or as to the any preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Collateral actually in the Secured Party’s possessionor against other parties.
Appears in 7 contracts
Samples: Security Agreement (Icm Asset Management Inc/Wa), Security Agreement (Aura Systems Inc), Security Agreement (Icm Asset Management Inc/Wa)
Duties Regarding Collateral. The Secured Party shall have no duty as to the collection or protection of the Collateral or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Collateral actually in the Secured Party’s 's possession.
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